Remove 2018 Remove Coal Remove Europe
article thumbnail

ArcelorMittal Europe to produce “green steel” starting in 2020

Green Car Congress

The strategy is centred around two main technology routes, as introduced in the first ArcelorMittal Europe climate action report published earlier this year: The use of hydrogen in DRI-EAF (Direct Reduced Iron - Electric Arc Furnace) and, also, the blast furnace. The expansion of its Smart Carbon route, also utilizing hydrogen.

Europe 382
article thumbnail

IEA: global energy demand rose by 2.3% in 2018, fastest pace in the last decade; CO2 emissions up 1.7%

Green Car Congress

Still, that was not fast enough to meet higher electricity demand around the world that also drove up coal use. to 33 Gigatonnes (Gt) in 2018. Coal use in power generation alone surpassed 10 Gt, accounting for a third of the total increase. Most of that came from a young fleet of coal power plants in developing Asia.

2018 207
article thumbnail

Norwegian startup Blastr plans €4B green steel plant in Finland

Green Car Congress

Fortum has developed the Joddböle area since the dismantling of its Inkoo coal-fired power plant there in 2017-2020. In Europe alone, the demand for decarbonized steel is expected to reach 50 million tons by 2030—nearly one-third of the current European steel demand. The now-demolished Inkoo coal plant. tonnes of CO₂.

Finland 437
article thumbnail

Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

Green Car Congress

The result will be renewables eating up more and more of the existing market for coal, gas and nuclear. —Seb Henbest, head of Europe, Middle East and Africa for BNEF and lead author of NEO 2018. NEO 2018 sees $11.5 trillion being invested globally in new power generation capacity between 2018 and 2050, with $8.4

Wind 220
article thumbnail

3.8% drop in EU’s greenhouse gas emissions in 2019; transport emissions rise

Green Car Congress

The large decline in emissions, achieved before the COVID-19 crisis, was mainly due to reduced coal use for power generation. from 2018 to 2019. Increasing carbon prices and gas becoming relatively cheaper compared with coal led to a significant reduction in coal use, in favor of gas and renewable energy sources.

2019 243
article thumbnail

Czech government, ?EZ sign MOU on $2.4B, 40GWh gigafactory; ?EZ lithium mine project progressing

Green Car Congress

The Cínovec project, located on the German border of the Czech Republic, is the largest hard-rock lithium resource in Europe, containing lithium-bearing mica known as zinnwaldite. Coal-fired power plants represented 37% of capacity and 36% of generation volume in 2020; their revenues are 16% of total. Geomet s.r.o.

article thumbnail

IEA: global energy efficiency progress drops to slowest rate since start of decade

Green Car Congress

in 2018, driven in large part by the People’s Republic of China, India and the United States, which were responsible for 70% of demand growth. in 2018—the slowest rate since 2010—according to Energy Efficiency 2019 , the IEA’s annual report on energy efficiency. In Europe, it improved by 2%, up from 1.4%

Global 150